Barrick Gold Corp
Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. The company explores for gold, copper, silver, and energy materials. The company was formerly known as Barrick Gold Corporation and changed its name to Barrick Mining Corporation in May 2025. Barrick Mining Corporation was founded in 1983 and is based in Toronto, Canada.
Barrick Gold Corp (GOLD) - Total Assets
Latest total assets as of March 2025: $48.14 Billion USD
Based on the latest financial reports, Barrick Gold Corp (GOLD) holds total assets worth $48.14 Billion USD as of March 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Barrick Gold Corp - Total Assets Trend (1993–2024)
This chart illustrates how Barrick Gold Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Barrick Gold Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Barrick Gold Corp's total assets of $48.14 Billion consist of 16.0% current assets and 84.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.6% |
| Accounts Receivable | $1.36 Billion | 2.9% |
| Inventory | $1.94 Billion | 4.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $66.00 Million | 0.1% |
| Goodwill | $3.10 Billion | 6.5% |
Asset Composition Trend (1993–2024)
This chart illustrates how Barrick Gold Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Barrick Gold Corp's current assets represent 16.0% of total assets in 2024, an increase from 0.0% in 1993.
- Cash Position: Cash and equivalents constituted 8.6% of total assets in 2024, up from 0.0% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 6.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is goodwill at 6.5% of total assets.
Barrick Gold Corp Competitors by Total Assets
Key competitors of Barrick Gold Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gold Royalty Corp.
NYSE MKT:GROY
|
USA | $740.52 Million |
|
Besra Gold Inc.
PINK:BESAF
|
USA | $41.56 Million |
|
Gold Fields Limited
PINK:GFIOF
|
USA | $10.14 Billion |
|
Guskin Gold Corp
PINK:GKIN
|
USA | $168.97K |
|
Kapa Gold Inc.
V:KAPA
|
Canada | CA$3.56 Million |
|
Mining Global Inc
PINK:MNGG
|
USA | $13.14K |
|
Matmown Inc
PINK:MTMW
|
USA | $1.29 Million |
|
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
|
China | CN¥2.13 Billion |
Barrick Gold Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Barrick Gold Corp generates 0.27x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Barrick Gold Corp generates $ 4.50 in net profit.
Barrick Gold Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.87 | 3.32 | 3.82 |
| Quick Ratio | 2.16 | 2.49 | 2.63 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.21 Billion | $ 5.08 Billion | $ 5.11 Billion |
Barrick Gold Corp - Advanced Valuation Insights
This section examines the relationship between Barrick Gold Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.47 |
| Latest Market Cap to Assets Ratio | 0.68 |
| Asset Growth Rate (YoY) | 4.0% |
| Total Assets | $47.63 Billion |
| Market Capitalization | $32.43 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Barrick Gold Corp's assets below their book value (0.68 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Barrick Gold Corp's assets grew by 4.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Barrick Gold Corp (1993–2024)
The table below shows the annual total assets of Barrick Gold Corp from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $47.63 Billion | +3.96% |
| 2023-12-31 | $45.81 Billion | -0.34% |
| 2022-12-31 | $45.97 Billion | -1.97% |
| 2021-12-31 | $46.89 Billion | +0.83% |
| 2020-12-31 | $46.51 Billion | +4.76% |
| 2019-12-31 | $44.39 Billion | +96.16% |
| 2018-12-31 | $22.63 Billion | -10.58% |
| 2017-12-31 | $25.31 Billion | +0.17% |
| 2016-12-31 | $25.26 Billion | -3.97% |
| 2015-12-31 | $26.31 Billion | -22.35% |
| 2014-12-31 | $33.88 Billion | -9.53% |
| 2013-12-31 | $37.45 Billion | -20.80% |
| 2012-12-31 | $47.28 Billion | -3.28% |
| 2011-12-31 | $48.88 Billion | +46.70% |
| 2010-12-31 | $33.32 Billion | +23.07% |
| 2009-12-31 | $27.07 Billion | +12.06% |
| 2008-12-31 | $24.16 Billion | +10.06% |
| 2007-12-31 | $21.95 Billion | +2.70% |
| 2006-12-31 | $21.37 Billion | +211.48% |
| 2005-12-31 | $6.86 Billion | +9.38% |
| 2004-12-31 | $6.27 Billion | +17.01% |
| 2003-12-31 | $5.36 Billion | -30.41% |
| 2002-12-31 | $7.70 Billion | +0.10% |
| 2001-12-31 | $7.70 Billion | +69.74% |
| 2000-12-31 | $4.53 Billion | -15.29% |
| 1999-12-31 | $5.35 Billion | +14.99% |
| 1998-12-31 | $4.66 Billion | +8.10% |
| 1997-12-31 | $4.31 Billion | -4.62% |
| 1996-12-31 | $4.51 Billion | +26.86% |
| 1995-12-31 | $3.56 Billion | -173.07% |
| 1994-12-31 | $-4.87 Billion | +125.09% |
| 1993-12-31 | $-2.16 Billion | -- |